Friday, October 13, 2006

101 Economic Wealth1) Par Value measurement - That's like saying what was your worth 5 years ago or 10 years ago. That's like saying holding one Magnum share has the same economic wealth as holding one Genting share as both have same par value??!! You are trying to measure economic wealth NOW, not 5 or 10 years ago, right or not?? 2) GLCs not part of equation - Very simple, just divide according to racial composition of market value of GLCs. Not to include GLCs in economic wealth calculation would be quite ridiculous.These are just 2 points from the methodology being brought into questioned. If we can find huge faults with the present day calculation, why even bother implementing the 30% NEP, just pick any figure then!!! Hence the government will have to explain clearly how the thing is calculated.

About Me

Its Salvatore cos' Salvador was taken already. This blog hopefully embodies Dali's spirit: intelligence, creativity, deep dreams, symbolism, whimsicality, enrichment of lives (p/s only Asian girls are featured on the left column)